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Saturday, 14 September 2013

Why The Nigerian Diaspora Won’t Return Home

The New York Times published an article about the increase of U.S. immigrants going back to their native countries to start up their own businesses. It is safe to say over the past decade the countries grouped in the BRICS have been fortunate to receive a brain-gain, as many of their best and brightest have seen their own countries as land of opportunities.

On one of the social media networks I spotted a comment that said “By the time Africans get featured in an article like this the gold rush will be over.” Of course you can easily interpret this statement in several ways but it spoke volumes about how Africans tend to always be last in everything.

Many Nigerian in the Diaspora would love to settle back to their country but realistically they are faced with obstacles that cause many diasporans to become reluctant to return back to start up a business.

Here are reasons why

The Political Climate

The political climate in Nigeria is one of the number top reasons why the Nigerian Diaspora refuse to go back to Nigeria. Despite a democratic society, the political system is still full of corruption and lack of transparency.

If we compare our political history to a developing country such as Malaysia you will see some similarity as both countries received independence two years apart from each other from British rule. Even in the 1960’s Nigeria was ahead of Malaysia economically wise and had vast more natural resources. If we compare both countries as of today, Malaysia has been able to pull ahead in terms of development. In Malaysia, a person can literally start a business in less of week versus Nigeria. Interestingly enough there is an increasing Nigerian base in Malaysia. In other countries hard work can actually turn into a successful business like Chris Aire who has created a jewelry empire or Kase Lawal a well known business man in the oil sector. In Nigeria there are many businesses thriving based off their own work, but as well just as many growing because of ties these companies have with the government.

Lack of infrastructure

It is 2013 and Nigeria still does not have a stable power for companies to run businesses. Many companies in Nigeria use over 10% of their income to run power from day to Night. In other countries running power for the company is the least of one’s concern and normally amount to 1% to 2 %. Besides the power, roads are an eyesore and connectivity is still a problem among businesses. These issues have stifled Nigerians for decades who dream of building a business. Many Nigerians in the Diaspora have great ideas but are held back simply because Nigeria lacks the infrastructure to turn their idea into a viable business.

The comfort of being overseas

Time and time again many diaspora Nigerian say i want go back one day and it never becomes a reality. Staying in the Diaspora may not be the ideal route, but to many Nigerians it is considered the safe route and comfortable route.

Despite all of these roadblocks there are many Nigerians who have gone back and have made a successful name for themselves. Nigeria is growing by leaps and bounds ripe for development. It will be difficult to assimilate back into the country, but anything great is not easy to obtain. The challenges of Nigeria should not discourage people in the Diasporas; it should in fact encourage them to transfer their skills to build up Nigeria.

Are you a Nigerian in the Diaspora? Are you willing and ready to return home? Or are you a newly returnee? How is your experience? Leave your comments below!

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